Latest AI News

Major Book Publishers File Class Action Against Meta Over Llama AI Training

Five leading book publishers—Macmillan, McGraw Hill, Elsevier, Hachette and Cengage—along with author Scott Turow have sued Meta, alleging the company copied copyrighted books and journal articles to train its Llama AI models. The lawsuit claims Meta harvested material from notorious pirate sites and the Common Crawl dataset, then fed it into Llama, which can reproduce text verbatim. Plaintiffs seek damages, an injunction to stop the training, and a full inventory of the works used. Meta says it will fight the case aggressively, maintaining that AI training can fall under fair use.

Anthropic Unveils Claude Opus 4.7 Suite with Ten Finance AI Agents and Moody’s Integration

Anthropic rolled out Claude Opus 4.7, a new model tailored for financial‑services workloads, at a New York briefing on Tuesday. The launch includes a library of roughly ten pre‑built AI agents that automate pitch‑book creation, earnings analysis, credit memos, KYC, AML investigations and more. Moody’s embedded its full data platform as a native app inside Claude, giving users instant access to risk data on over 600 million companies. A partnership with banking‑technology firm FIS introduced an AML agent already live at BMO and Amalgamated Bank. The suite follows a $1.5 billion Wall Street joint venture that aims to distribute Anthropic’s enterprise AI tools across the finance sector.

ElevenLabs Secures Major Investors in $500 Million Series D, Pushes Valuation Past $11 Billion

Voice‑AI startup ElevenLabs announced a $500 million Series D round that added heavyweight investors such as BlackRock, Wellington, D.E. Shaw, Nvidia and celebrity backers Jamie Foxx and Eva Longoria. The funding lifts the company’s valuation to roughly $11 billion and brings annual recurring revenue past the $500 million mark. In the first quarter of 2026, ElevenLabs added $100 million of new ARR, signing enterprise deals with Deutsche Telekom, Revolut and Klarna. The firm also plans to open retail‑investor participation through Robinhood Ventures.

OpenAI Said to Fast‑Track First Smartphone, Targeting Early 2027 Production

Supply‑chain analyst Ming‑Chi Kuo reports that OpenAI is accelerating development of its inaugural hardware product—a smartphone slated for mass production in early 2027. The device will run a customized MediaTek Dimensity 9600 chip, feature an enhanced image‑signal processor, LPDDR6 memory, UFS 5.0 storage and a dual‑NPU architecture for simultaneous language and vision AI tasks. Kuo predicts shipments of up to 30 million units in 2027‑28, putting the phone in the same league as Samsung’s flagship models.

Meta Deploys AI to Identify and Remove Under‑13 Users from Facebook, Instagram

Meta announced new AI-driven tools designed to spot and delete accounts belonging to children under 13 on Facebook and Instagram. The technology scans text for clues such as grade level or birthday mentions and analyzes photos and videos for visual cues like height and bone structure. When a potential under‑age user is flagged, the account is deactivated pending age verification. The rollout begins in select markets and will expand globally, while the company also introduces automatic teen‑account placement for 13‑ to 15‑year‑olds and parent‑managed WhatsApp accounts. Regulators in the EU have opened an investigation into Meta’s compliance with the Digital Services Act.

Elon Musk declares “Without me, OpenAI wouldn’t exist” in courtroom clash with Sam Altman

During a high‑profile trial over OpenAI’s future, Elon Musk told the court that the AI company would not exist without his early backing. When OpenAI lawyer William Savitt pressed Musk about the $38 million he contributed—far short of the $1 billion he once pledged—Musk replied that his reputation, the company’s name and the lease of the Pioneer Building were worth far more. The exchange highlighted a growing personal feud between Musk and OpenAI chief Sam Altman and underscored broader disputes about the nonprofit’s governance, safety priorities and commercial direction.